China Eases Curbs On Rare Earth
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China pledges to ease export restrictions on fertilisers, rare earths, and tunnel boring machines to India. Experts emphasize self-reliance amid trade concerns.
In light of increasing global concerns over China's export restrictions on rare earth metals, India discovers new hotspots for REEs in regions like Papum Pare, Singrauli, and beyond, boosting its potential for self-sufficiency and secure supply chains in the EV and technology sectors.
India's state-owned miner IREL is seeking to collaborate with Japanese and South Korean companies to start commercial production of rare earth magnets, a source familiar with the matter said, as part of efforts to reduce reliance on China.
A huge deposit of rare earth elements (REEs) has been discovered in Madhya Pradesh's Singrauli district. This is the first time such a large reserve of these critical minerals has been found in India.